Black FRIDAY, Worst fall; Sensex loses 1070 pts; Below 9K

Market suffers worst fall; Sensex loses 1070 points

Investors will remember October 24, 2008 as the blackest Friday the Indian stock market has seen and would want to put it behind them soon as possible.

In one of the worst trading sessions, investors helplessly saw their investments being wiped out. Those who were praying for a pull-back were left in the lurch as determined bears tore the market apart. The gains of the four-year bull-run were lost in just eight months. The biggest damage being suffered in last one month, with the indices losing over 36 per cent For traders, it was a nightmare as red blips flashed on their terminals.

The bear onslaught saw their stop-losses getting triggered. The party on the Dalal Street is over, but few would have expected such a savage end where share prices of blue-eyed large cap companies were reduced to that of smallcaps. Reliance Industries and ONGC were down 16.44 per cent and 15.01 per cent respectively. Indian equities were the worst performers.

Bombay Stock Exchange’s Sensex plunged 11 per cent or 1070.63 points to close at 8,701.07. The index touched a low of 8566.82. National Stock Exchange’s Nifty ended at 2584, down 12.20 per cent or 359.15 points. The broader index touched a low of 2525.05.

DLF (-23.96%), Ranbaxy Laboratories (-17.83%), Hindalco Industries (-17.82%), Tata Motors (-16.54%), Reliance Industries (-16.44%) and Mahindra & Mahindra (-16.04%) were the worst hit. BSE Midcap closed 8.38 per cent lower and BSE Smallcap Index ended 7.66 per cent down. The BSE Realty Index slumped 24.39 per cent and BSE Oil & Gas Index lost 14.97 per cent. Market breadth on BSE collapsed with 1835 declines against 247 advances. “Markets have fallen too much and moving up will take some time.

It can’t be said as of now whether the correction is over. Though we are in an oversold zone, news from the US markets and liquidity flows will govern the market,” said Dipen Shah, vice-president, private client group of Kotak Securities. However, this doesn’t seem to be the end of catastrophic fall on the Indian bourses. US stock futures hit lower circuit Friday an hour and half before the market opens. The Dow Jones Industrial Average futures slipped 550 points, or 6.27 percent and Standard & Poor's 500 futures shed 60 points or 6.56 per cent. Earlier in the day, Japan’s Nikkei 225 ended -9.60 per cent lower, Kospi fell 10.57 per cent and Hang Seng declined 8.30 per cent.

European markets also witnessed sharp correction. FTSE 100 was down 8.96 per cent, CAC 40 was down 8.90 per cent and DAX plunged 9.58 per cent. Shah’s advice to investors is to not panic and sell out everything. “There are still fundamentally sound stocks available at attractive levels. Good quality stocks in largecaps should not be sold and must be accumulated with medium to long term view.” Markets opened with a sharp cut but caved in after the Reserve Bank of India announced its half-yearly economic policy review, wherein it left policy rates and reserve ratios unchanged. The central bank also revised lower GDP growth target to 7.5-8.0 per cent from 8.0 per cent earlier but maintained the inflation target at 7 per cent for FY09. The revision in GDP growth forecasts led to panic among investors, already shaken by the relentless sell-off by foreign funds. There were market reports that long only funds and domestic institutions were too on sell-side.

Deven Choksey, MD, K R Choksey, said, “The arbitrage funds became really active today. They were involved in some reverse arbitrage selling in cash
and buying in the derivatives markets. Secondly, shorting by the FIIs is still rampant and even SEBI's involvement had been in vain. A lot of damage has happened to the markets and it is too late even for the regulators to take some action. Also, RBI lowered the economic growth targets adding fuel to the fire.” In today’s trade, foreign funds provisionally sold equities worth Rs 1,431 crore while domestic institution bought equities worth Rs 514 crore. Finance Minister P Chidambaram tried to intervene and calm frayed nerves but that helped little and markets plunged even further. On the RBI’s policy review meet, Chidambaram said the decision to keep rates steady was on expected lines. He added that the central bank would infuse liquidity and if required, would adopt conventional and unconventional tools.

Hopes shattered; Nifty ends 13% down
Nifty, Sensex each down 10%, Unitech slumps 52%
Bears attack Dalal Street;Sensex down 1000 points
No respite for market despite FM appeal; Sensex below 9000
Market melt downs;Sensex breaches 9000
Bank Nifty slumps 10%, Nifty below 2700
Rupee slips to record low of 50.15 per dollar
-----------------------------------------
Carnage on Dalal Street
Sensex nosedives below 9K
PM blames 'three failures' for global financial crisis
Sensex tanks 1071 pts; Nifty plunges 359 pts
Mayhem on Dalal St... Sensex bleeds nearly 1,100pts
Reliance falls to 52-week low on below expectation results
Markets rout hits investors hard; Sensex down 1,070 points
Post Session Commentary - Oct 24 2008
Market mauled in global rout in equities, disappoi...


Source: Sify,ET,BS,BL, DP blog etc

RIL Q2 net up 7% at Rs 4122 crore; Beats Street

RIL Q2 net up 7% at Rs 4122 crore

Reliance Industries posted 7.42 per cent rise in net profit of Rs 4122 crore for the quarter ended September 30, 2008 as compared to Rs 3837 crore in the same quarter previous year. Total income increased to Rs 44,938 crore in the September quarter from Rs 32,211 crore a year ago. Analysts had forecast a net profit of Rs 3920 crore. Net revenue at the company, India's most valuable with a market value of $45 billion, grew to Rs 4479 crore from Rs 3204 crore. Reliance's refining margins for the quarter were $13.4 a barrel television news channels reported, well above the benchmark Asian Dubai crack margin, which averaged about $5.8 a barrel in the period.

On Thursday, Shares of Reliance Industries slumped 7.62 per cent to close at Rs 1215.25 in a weak market.

-----------------------------------------------

Reliance Ind Q2 net up 7.4% at Rs 4,122cr

Reliance Industries (RIL), the largest private oil refiner in India, has posted a 7.4 per cent rise in profit at Rs 4,122 crore in the second quarter as the price of petroleum products shot up globally in line with crude oil prices.

During the quarter, RIL’s revenue from sale of refined petroleum products was up by 54 per cent at Rs 36,393 crore when the crude oil price was hovering around $100 a barrel. The revenue from exports has surged 51 per cent at Rs 29,823 crore. The company exports products mainly to the US, Europe and West Asia after its stopped sales in the domestic market.
The company, controlled by Mukesh Ambani, has registered a 38 per cent rise in net sales at Rs 46,113 crore, partly helped by a 19.9 per cent and a 56 per cent growth in revenue from petrochemicals and oil and gas segments, respectively. The net turnover has jumped 39.7 per cent to Rs 44,787 crore.
For the business expansion, mainly for the production of gas and oil from Krishna-Godavari basin, the company spent Rs 11,401 crore in the first six months of the fiscal, RIL said in statement.
“It has been an exciting quarter at Reliance Industries. We have started production of oil from the KG basin and soon will emerge as key hydrocarbons major. At Reliance, we are at the final leg of capital expenditure in our key businesses and will see cash flows from these investments in the following quarters. Leading economies across the globe are passing through some unprecedented times. Our businesses are gearing up to meet these emerging challenges,” said Mukesh Ambani, chairman and managing director of RIL.
Beating market expectations, the company’s gross refining margin (GRM) stood at $13.4 a barrel, a premium of $7.4 a barrel over Singapore benchmark. It is well above the benchmark Asian Dubai crack margin, which averaged about $5.8 a barrel in the period.
Analysts tracking oil companies had predicted earlier that RIL, which controls around 22 per cent of India's refining capacity, too would report refining margins of less than $13 per barrel during the quarter, compared with over $15 per barrel in the June quarter. Motilal Oswal in its recent report predicted that the GRM would be around $13 a barrel.
Expenditure shot up 44.4 per cent to Rs 39,577 crore with the price rise of crude, the major raw material for RIL’s Jamnagar refinery, which contributes about 65 per cent of its revenues. The raw material cost stood at Rs 34,978 crore, up 60 per cent. The depreciation of assets and purchases of chemicals and catalysts in the quarter cost about Rs 2,401 crore.
The Jamanagar refinery has processed 8.21 million tonne of crude during the second quarter, while the company’s petrochemicals production remained flat.

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RIL's Q2 net performance may not lift sentiments

Reliance Industries — India’s largest company by market capitalisation and one of the most widely held stock — is unlikely to liven up the ma
rket when it announces its second-quarter result on Thursday. RIL’s profit for the quarter is expected to grow only marginally, or even dip, compared with the year-ago period. “Reliance has come out with steady results in volatile markets. However, RIL will struggle to touch two-digit profit figure this quarter because of the slowdown in refining margins. On the other hand, improved margins in petrochemical business could result in flat growth in net profit,” said an analyst working with a leading international brokerage. The petroleum refining industry has entered a slowdown phase globally, with the gross refining margins (GRM) — the differential between prices of crude oil and refined products — coming down from the previous quarter. As a result, RIL’s petroleum refining business, which contributes nearly two-third to its revenues, is likely to record a lacklustre performance in the latest quarter. Analyst estimates put RIL’s GRMs in the $11-$13 per barrel range, weaker from $15.7 posted in June 2008 quarter and $13.7 in September 2007 quarter. This means its refining profits will be lower on a year-on-year basis. In contrast, RIL’s petrochemicals business is expected to post healthy revenues and improved margins due to stagnancy in feedstock naphtha prices. Petrochemicals represent around 30% of RIL’s revenues and profits. The smaller segment of oil and gas production is also likely to perform well due to higher petroleum prices in the September 2008 quarter compared with the previous year. Weakness in the rupee is another factor that will impact RIL’s performance. Despite being India’s largest exporter, RIL has always had more imports than exports. Particularly, a major chunk of its petrochemicals is sold domestically within India. However, since the domestic petrochemical prices are linked to their import parity prices, RIL is likely to benefit from the weak rupee. “We expect RIL’s petrochemical EBIT to rise 5% y-o-y to Rs 2,130 crore mainly driven by a weaker rupee,” mentioned a Merrill Lynch report. Brokerage houses remain divided on whether RIL will report any profit growth this quarter. Among them, Angel Broking is the most bearish on RIL, projecting a 13% fall in its Q2 profits. As against this, Motilal Oswal and Sharekhan are the most bullish, estimating around 9% increase in RIL’s bottomline. The estimates of other brokerages like Prabhudas Leeladhar, Merrill Lynch, Citi Investment Research are somewhere in between. The company is expected to post good profits in the coming quarters because of sale of oil and gas from the Krishna Godavari (KG) basin.
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Reliance Industries Q2 net up at Rs 4122 cr

RIL Q2 net up 7.4%; high oil prices push revenue by 39.5%

Source:ET,Sify,BS,BL

Inflation Cools to 11.07 percent; Other Corp Stories

Inflation rate declines to 11.07% Inflation at 11.07 per cent
The wholesale price index rose to 11.07 percent in the 12 months to Oct. 11, below the previous week's annual rise of 11.44 percent, government data showed on Thursday.

The rate was also below a median forecast
of 11.35 percent in a Reuters poll of analysts. Inflation for the week ended Aug. 16 was revised up to 12.82 percent from 12.40 percent. The annual inflation rate was 3.07 percent during the corresponding week of the previous year. The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly. Meanwhile, the Finance Minister has assured that the fall in crude prices and the fall in commodity prices will be beneficial for the reducing the headline inflation. He agreed that at present the inflation rate was rather high but he is seeing moderation in the near future.
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Rupee at record low, seen testing 50 per dollar
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RBI survey projects 7.7% GDP growth
Don't sell stocks in panic: FM
S&P revises Tata Steel UK ratings

Obama views India's moon mission as a challenge
Moody's is 'negative' on Tata Steel's outlook
RBI eases ECB access for companies
SEBI asks FIIs to reverse shorts; Nifty regains 3000
No approach from Chevron on unit stake: Reliance

SEBI unhappy over FII short selling
Rupee dips 55 paise to new low of 49.85
It's worst ever October for markets in 29 years
SEBI tells FIIs not to lend stocks abroad
SEBI plans to review direct market access facility rules

Sensex ends nearly 400 pts down on weak global sentiment
SEBI told FIIs don't lend stocks abroad: FM
Inflation rate declines to 11.07%
ICICI Bank hikes home loan rates by 1% for new borrowers
RBI geared up to take steps to contain excess volatility in financial market
----------------------------------------
Deadpresident Blog updates

Eveninger - Oct 23 2008
Nifty October 2008 futures below 3000
My Portfolio - Oct 23 2008
Idea Cellular
BSE Bulk Deals to Watch - Oct 23 2008
NSE Bulk Deals to Watch - Oct 23 2008
United Spirits Ltd
Sensex ends at 2 year low
Post Session Commentary - Oct 23 2008

Auto, metal shares lead 398-point Sensex slide
Pre Session Commentary - Oct 23 2008
Market to extend losses
Cautious guidance hammers US stocks

HT Media, SAIL
Real Crisis for real estate employees
TCS, Wipro, Bank of India, Jindal Saw, Indian Hote...
Reliance Infrastructure

NIIT, KPIT, IHCL, Opto Circuit, Shree Cement
Hero Honda,Hindustan Zinc,Jaiprakash Associates,PF...
Idea Cellular, Hero Honda, PFC, Hindustan Zinc, Ja...
Tech Mahindra Ltd, Wipro Ltd, Hindustan Zinc Ltd, ...
Ratnamani Metals, Sasken Communications, Hero Hond...
United Spirits
Indian Bank
Aluminium Sector

Source:ET,Sify, BS,BL, Deadpresident and etc

Results: RIL,Sterlite,GAIL,ACC,Grasim,PunjLloyd,Voltas,DrReddy, SesaGoa etc

Sterlite Ind Q2 net
Sterlite Industries
Industries Q2 net up at Rs 1277 cr
Thursday, 23 October , 2008, 15:47

Sterlite Industries India Ltd has announced the following unaudited results for the quarter ended September 30, 2008:

The company has posted a net profit for the period of Rs 462.93 crore for the quarter ended September 30, 2008 where as the same was at Rs 212.87 crore for the quarter ended September 30, 2007. Total Income is Rs 3940.40 crore for the quarter ended September 30, 2008 where as the same was at Rs 3696.54 crore for the quarter ended September 30, 2007.
The consolidated results are as follows

The consolidated results for the quarter ended September 30, 2008
The group has posted a net profit after tax attributable to consolidated group of Rs 1276.94 crore for the quarter ended September 30, 2008 where as the same was at Rs 1082.74 crore for the quarter ended September 30, 2007. Total Income is Rs 7205.82 crore for the quarter ended September 30, 2008 where as the same was at Rs 6890.42 crore for the quarter ended September 30, 2007.

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RIL Q2 net up 7.4%; high oil prices push revenue by 39.5%
Voltas Q2 net profit up 16%
BOC India Q3 net at Rs 21.87 cr
Punj Lloyd Q2 net up by 61%
Hindustan Oil Q2 net up 72%

Gail India Q2 net up 79%
Apollo Tyres Q2 net down 73%
ACC reports flat Q3 net
Grasim Ind Q2 net slips by 16% at Rs 419.50 cr
BSEL Infra Realty Q2 net dips
Dr Reddy’s Lab Q2 net down 27.20%

Exide Q2 net up 25 pc to Rs 78 cr
Reliance Industries Q2 net up at Rs 4122 cr
ACC reports flat Q3 net
Sterlite Industries Q2 net up at Rs 1277 cr
Dr Reddys Laboratories Q2 net up at Rs 87 cr

Bajaj Auto Q2 net up at Rs 185 cr
Patni Computer Q3 net up 80%
City Union Bank Q2 net up 40% at Rs 38 cr
Zee News PAT up 108% at Rs 11.47 cr

GAIL Q2 net profit at Rs 1,023.45 cr
RIL Q2 net profit up 7.4% at Rs 4122 cr
Punj Lloyd Q2 cons net profit up at Rs 144.12 cr
Hotel Leela Q2 net profit at Rs 24.1 cr
Gujarat Alkalies Q2 standalone net profit at Rs 83.8


Sterlite Industries Q2 net profit at Rs 1277 cr
Voltas Q2 net profit at Rs 62 cr
HCL Infosystems Q1 cons net profit at Rs 66 cr
HOEC Q2 standalone net profit at Rs 12.86 cr
ACC Q3 consolidated net profit at Rs 259.98 cr

Dr Reddys Labs Q2 net profit at Rs 121 cr
Cummins Q2 net profit up at Rs 93.9 cr
Grasim Q2 standalone net profit at Rs 419 cr
Apollo Tyres Q2 net profit at Rs 7.79 cr
Infotech Q2 PAT at Rs 34 cr

KEC Intl Q2 net profit at Rs 17.8 cr
Monnet Ispat Q2 net profit at Rs 62 cr
Vijaya Bank Q2 net profit at Rs 79.9 cr
Tanla Solutions Q2 net profit at Rs 70.5 cr
City Union Bank Q2 PAT at Rs 37.65 cr

ACC net profit declines 0.05% in the September 2008 quarter
Sterlite Industries (India) net profit rises 117.47% in the September 2008 quarter
Dena Bank Q2 net profit at Rs 102.8 cr
Gateway Distriparks Q2 net profit at Rs 26.2 cr
Mangalore Chem Q2 net profit at Rs 25.2 cr
Phoenix Mills Q2 net profit at Rs 38.6 cr
Gati Q2 net profit at Rs 42 lakh

Sesa Goa Q2 cons PAT up 262% at Rs 336.6 cr
Core Projects Q2 net profit at Rs 29.64 cr
Patni Q3 cons net profit at Rs 200.19 cr
3i Infotech Sept qtr net profit at Rs 55.8 cr
Pidilite Ind Q2 net profit at Rs 33.16 cr

Jindal Drilling Sept qtr net profit at Rs 6.5cr
KPR Mill Q2 net profit at Rs 5.41 cr
Aarti Industries net profit rises 369.78% in the September 2008 quarter
Kolte Patil Developers net profit rises 78.34% in the September 2008 quarter
Cords Cable Industries net profit rises 12.75% in the September 2008 quarter

Bharat Bijlee net profit declines 23.72% in the September 2008 quarter
BOC India net profit rises 208.90% in the September 2008 quarter
Gujarat Alkalies & Chemicals net profit rises 0.79% in the September 2008 quarter
Hindustan Oil Exploration Company net profit rises 72.39% in the September 2008 quarter
Unichem Laboratories net profit rises 64.88% in the September 2008 quarter

Sadbhav Engineering net profit declines 9.01% in the September 2008 quarter
K E C International net profit declines 47.48% in the September 2008 quarter
Monnet Ispat & Energy net profit rises 68.60% in the September 2008 quarter
Rajesh Exports net profit declines 51.18% in the September 2008 quarter
Praj Industries net profit rises 11.41% in the September 2008 quarter
Selan Explorations Technology net profit rises 578.30% in the September 2008 quarter

Exide Industries net profit rises 25.06% in the September 2008 quarter
Indowind Energy net profit rises 11.26% in the September 2008 quarter
Sesa Goa net profit rises 272.68% in the September 2008 quarter
Hercules Hoists net profit rises 55.86% in the September 2008 quarter


Source:ET,CM,IE,BS, BL etc...................

New lows for Sensex,Nifty; Nifty below 3000 first Since July 2006

Market fails to hold; Nifty ends below 3000
Sensex tumbles below 10K
Markets tumble; Sensex ends below 9,800pts

Equities failed to sustain the recovery midway through on Thursday’s trade after SEBI asked foreign funds to cover their short sales and ended with huge losses Thursday.

The rebound was set off by short covering and supported by a sharp drop in inflation. However, the mounting negative sentiments across the global markets, meltdown in commodities and proved too strong to ignore. Indices opened with a sharp cut of over 5 per cent, in line with fall in global markets. The fall was led by metal scrips which were under pressure due to steep correction in international commodities prices. But bargain buying at lower levels helped recover partial losses. India’s annual inflation rate eased to 11.07 per cent in the week to Oct 11 from 11.44 per cent a week earlier. But the real trigger came after Finance Minister P Chidambaram said SEBI had directed foreign institutional investors to reverse their short sales. “SEBI has told them (FIIs) that it disapproves of lending to offshore entities, and asked them to reverse those transactions. I am told that those transactions are likely to be reversed over the next few days,” the minister said. This led to a strong recovery in the markets and the indices, which were down more than 3 per cent, soon made it to positive territory. But the euphoria didn’t last long and all the gains were wiped off.

Bombay Stock Exchange’s Sensex closed at 9,771.70, down 398.20 points or 3.92 per cent from Wednesday’s close. It touched a low of 9,681.28 and high of 10,260.55 intraday. National Stock Exchange’s Nifty ended at 2,951 down 3.98 per cent or 122 points. The index touched a high of 3,085.10 and a low of 2,917.15.

Second rung stocks were not spared either. BSE Midcap Index closed 3.2 per cent lower and BSE Smallcap Index declined 3.55 per cent.

“There is no word on restoring of short positions by the SEBI, except for their disapproval. If it indeed imposes a ban on short-selling by FIIs, there would be some sort of short covering. Our market is under pressure because there is selling all over the world. Eventually, a particular stock or the market as a whole would be evaluated on its fundamentals,” said Manish Sonthalia, vice president, equity research at Motilal Oswal. Rahul Sanghvi, Institutional Sales, Kantilal Chaganlal Securities, said, “FIIs can sell anything they have to but should avoid stock borrowing and lending practice outside the Indian jurisdiction. The fight between bulls and bears must be within the boxing ring. Investor confidence needs to be propped up and SEBI should publish more elaborate data on P-notes lending and borrowing activity.” India’s oil major, Reliance Industries posted 7.42 per cent rise in net profit of Rs 4,122 crore for the quarter ended Sep 30, 2008 compared to Rs 3837 crore in the same quarter previous year, beating analyst forecasts, helped by stronger than expected refining margins. Total income increased to Rs 44,938 crore in the September quarter from Rs 32,211 crore a year ago. The company’s refining margins for the quarter were $13.4 a barrel television news channels reported, well above the benchmark Asian Dubai crack margin, which averaged about $5.8 a barrel in the period. Shares of Reliance Industries slumped 7.62 per cent to close at Rs 1215.25 in a weak market. Grasim Industries (4.74%), BHEL (2.74%), ONGC (1.94%), Larsen & Toubro (2.43%) HDFC Bank (2.23%) and TCS (0.2%) ended higher. Tata Steel (-14.85%) suffered the sharpest cut. Losses in Tata Motors (-14.57%), Hindalco Industries (-13.10%), Ranbaxy Laboratories (-10.94%) and Mahindra & Mahindra (-9.77%) pulled down the indices. The four-day slide in metals gathered pace on recession fears. Copper and aluminium tumbled to their lowest in almost three years on Wednesday. Gloomy demand prospects and gains in the dollar to a two-year high have knocked commodities, many of which have collapsed since hitting record highs earlier this year, which in turn, dragged down the entire metal pack. BSE Metal Index closed 11.08 per cent lower. Market breadth on BSE was extremely weak, with 1908 declines and 622 advances.

Source:ET,SIfy. ,BS

Results:TCS,Wipro,RelInfra,Bank of India,Yes Bk, IDFC,Neyveli etc

Tata Consultancy Q2 net up 1.2%, lags forecast
TCS net up 1.5% y-o-y to Rs 1,271 cr
Wipro net profit rises 9% QoQ
Educomp Solutions Q2 net profit jumps 86% YoY
Reliance Q2 net seen up 2 pc; ONGC up 26 pc


Piramal Healthcare Q2 falls by 14% YoY
Max India Q2 net dips 31 pc
BOI Q2 net profit jumps 79% YoY
Yes Bank Q2 net profit grows 40% YoY

SKF India Q2 net down by 14%
Sono Koyo Steering reports Rs 7.32 loss in Q2IDFC Q2 net down 17.25%
Reliance Power Q2 net at Rs 47.20 cr
Piramal Healthcare PAT down at Rs 69.44 cr
GNFC Q2 net dips 34% at Rs 79 crBajaj Auto Finance Q2 net up 21% at Rs 4 cr

Reliance Infra Q2 net up 15.55%
Max India net drops
Bank of India Q2 net up 79.40% at Rs 762.85 cr
Yes Bank Q2 net up at Rs 63.60 cr
TCS Q2 US GAAP PAT up 1.5% at Rs 1262 cr

Cipla Q2 net profit at Rs 151 cr
Reliance Infra Q2 net profit up 15.2% at Rs 288.9 cr

Neyveli Lignite Q2 net profit at Rs 188.4 cr
Bajaj Finserv Q2 net profit at Rs 14.2 cr
Transformers and Rectifiers Q2 PAT at Rs 12.7 cr
Jindal Saw Q3 PAT up at Rs 100.1 cr
IDFC Q2 cons net profit up at Rs 232.27 cr

AIA Engg Q2 cons net profit at Rs 44.42 cr
Cadila Q2 cons net profit at Rs 94.9 cr
Century Textiles Q2 net profit at Rs 28.5 cr
Oriental Bank Q2 net profit at Rs 237 cr
Gillette Q2 standalone net profit at Rs 20 cr

Kirloskar Oil Q2 net profit at Rs 27.4 cr
Coromandel Fert Q2 net profit up at Rs 181 cr
Yes Bank Q2 standalone net profit at Rs 63.6 cr
Educomp Q2 standalone net profit at Rs 25.4 cr
Blue Dart Q3 net profit at Rs 13.6 cr

Bank Of India Q2 net profit at Rs 762.86 cr
Transformers & Rectifiers India net profit rises 56.60% in the September 2008 quarter
Harrisons Malayalam net profit rises 234.84% in the September 2008 quarter
Core Projects & Technologies net profit rises 81.08% in the September 2008 quarter
Infrastructure Development Finance Company net profit rises 17.27% in the September 2008 quarter
Yes Bank net profit rises 40.50% in the September 2008 quarter

Bank of India net profit rises 79.38% in the September 2008 quarter
Pantaloon Retail (India) net profit rises 21.86% in the September 2008 quarter


Source:ET, BL, CapitalMkt, Indiaearnings etc













Sometimes we published results of the same company from different websites. THese may have different from one other.. Some websites may have posted consolidated results. So only we have given all the results related to that company. If you want to more clarification on this results, you may get these results at NSEIndia.com..

Sensex (-514),Nifty (-169) pts lower on weak global sentiments

Nifty ends 5% lower on weak global sentiments

Weakness in global markets and lack of investor confidence saw the Indian stock market benchmarks wipe off gains made in last two trading sessions on Wednesday. Markets opened sharply lower, in line with the Asian peers, on concerns of global economic slowdown. Losses widened as the session progressed and indices spiralled lower. There was dearth of buyers and investors chose to remain on sidelines. Expectations of further cooling in inflation rate failed to cheer the market. Inflation rate for the week ended Oct 11 is seen at 11.35 per cent, lower from 11.44 per cent previous week. “All the major global markets were down and we followed suit. There was hardly any buying in today’s trade and foreign investors as well as domestic funds were seen on sell side. There is still some pain left, as market has not yet seen the bottom,” said Sarfaraz Vakil, associate vice president, India Infoline.

Bombay Stock Exchange’s Sensex ended at 10,169.90, down 513.49 points or 4.81 per cent from Tuesday’s close. The index touched a low of 10,128.22 and high of 10,484.85. National Stock Exchange’s Nifty closed at 3065.15, down 5.25 per cent or 169.75 points. The broader index touched a low of 3051.80 and a high of 3235.75.

BSE Midcap Index closed 2.7 per cent lower and BSE Smallcap Index declined 2.02 per cent. Among frontline stocks, Tata Steel (-12.04%), Sterlite Industries (-10.04%), Reliance Communications (-8.79%), ICICI Bank (10.04%), Jaiprakash Associates (-7.88%) and Tata Motors (-7.87%) were the worst hit. ITC (1.04%) and Hindustan Unilever (0.5%) were the only gainers in the 30-share index. Market breadth remained weak through the day, with 1,733 declines and 778 advances on BSE. “Market is lacking confidence and sentiment is extremely bearish at the moment. No one wants to be caught on the wrong foot,” added Vakil. Amongst the sectoral indices, BSE Metal Index fell 7.90 per cent as global commodities prices were headed downwards. Realty stocks were hammered despite reports that banks were planning to cut home loan rates by about 50 basis points after RBI cut the repo rate on Monday. BSE Realty Index closed 7.57 per cent lower. The flooding of banking system with liquidity didn’t prevent banking stocks from falling. BSE Bankex closed 5.78 per cent lower on bearish sentiments. Traders took positions in defensive stocks, which saw the BSE FMCG Index end 0.62 per cent higher.
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Nifty Oct futures in discount, Tata Steel slumps 14%
Equities end sharply lower; Sensex down 500 pts
Selling pressure intensifies; Nifty down 5%
----------------------------------------
Other Headlines:
Tata Consultancy Q2 net up 1.2%, lags forecast
7 PSU banks to be recapitalised
Wipro net profit rises 9% QoQ; near-term outlook cautious
Re hits record low, RBI intervenes
Moody's downgrades Tata Steel's outlook to negative

Areva T&D bags Rs 221 cr order from SAIL
Chandrayaan-I to help generate comprehensive moon maps
India plans to send two men to space by 2015
India set to make space in elite club


Source:ET etc

Special: Chandrayaan 1- India's first moon mission

Special: Chandrayaan 1- India's first moon mission

Chandrayaan to carry NASA instruments India's maiden moon mission, Chandrayaan-1, will carry two instruments from the American space agency NASA.

India's first moon mission is world's 68th Chandrayaan-, that lifts off from Sriharikota, is India's first and the world's 68th mission to the moon.

Chandrayaan-1 and PSLV-C11 In Pics: Chandrayaan-1 and PSLV-C11
Chandrayaan-1 embarks on 2-year moon mission If things go as planned,Chandrayaan-1, embarks on a two-year mission seeking to throw more light on earth's only natural satellite.

Indian space launches in the past The Chandrayaan moon mission will be the 27th by the Indian Space Research Organisation.

Mission moon: Dream Team Here is the list of team members of India's first unmanned Moon mission Chandrayaan-I.

Lunar mission to boost India in Asian space race India's space programme takes a giant leap with the launch of its first lunar mission that marks promotion in the field of regional powerhouses.

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Chandrayaan-1 takes off successfully
Chandrayaan to carry NASA instruments
Chandrayaan-1 to carry instruments from NASA on moon
India readies 1st moon mission in Asian space race
Exclusive: Why moon? Ex-ISRO chief explains
30 Minutes: A mission 10 years in the making
Water there? Chandrayaan to find out
Over the moon? Wish Team Chandrayaan

PERFECT LAUNCH FOR CHANDRAYAAN
Agencies
India's first unmanned flight to the moon blasted off from Sriharikota, off the Andhra Pradesh coast, early morning on Wednesday. The launch was perfect and the space vehicle is going in the right direction.

India has made history against all odds: ISRO chief
Indian on moon? Pics Moon mission facts

Chandrayaan-1 placed in transfer orbit
India's first unmanned rocket to the moon has been successfully placed in its orbit. It will complete the remaining journey in 15 days.
Moon mission facts Launch chronology In pics: Moon through surfers' eyes Perfect launch against all odds: ISRO chief NASA returns to moon with Chandrayaan President congratulates ISRO Leave a message on the moon India's first moon mission is world's 68thWorld's 1st moon mission was by the then USSR.

A remarkable journey: With the launch of its first unmanned mission, Chandrayaan-1, to the moon, India is on the threshold of history as it establishes itself as a major space power in the world. (Picture courtesy: NASA)

Chandrayaan-I launched successfully
Chandrayaan mission will help country economically: Kalam
WelCome to Chandrayaan official page of ISRO.



Source:All webs from the World....

Results: SAIL, JPAsso, Zee, Ibulls, LICHsg, PFC etc

SAIL Q2 net up 18% at Rs 2,010 cr

State-run Steel Authority of India today said its net profit for the second quarter ended September 30 stood at Rs 2,009.60 crore, a 18.19 per cent growth over the corresponding period a year-ago. The firm had a net profit of Rs 1,700.24 crore in the September quarter of FY'08, SAIL said in a filing to the Bombay Stock Exchange. The total income rose 34 per cent to Rs 1,2660.99 crore in the reviewed quarter, from Rs 9,467.75 crore in the year-ago period. For the six month ended September 30, the company reported a net profit of Rs 3,644.79 crore, a 13 per cent growth over the corresponding year-ago period. The company had a net profit of Rs 3,225.36 crore in the September quarter of last fiscal. The net sales increased to Rs 25,727.73 crore during the six months, from Rs 19,270.08 crore in the year ago period. Shares of SAIL were trading at Rs 105.85, down 1.85 per cent on the BSE.

Jaiprakash Associates Q2 net up 96% at Rs 203 cr

Infrastructure firm Jaiprakash Associates today announced a net profit of Rs 203.13 crore for the second quarter ended September 30, a 96.03 per cent growth over the corresponding period a year-ago.

The company had a net profit of Rs 103.62 crore in the second quarter of FY08, Jaiprakash Associates said in a filing to the Bombay Stock Exchange.
Jaiprakash Associates also declared the first interim dividend of 30 paise. The company would also raise about Rs 1,800 crore through right issue to meets its fund requirements.
The total income rose to Rs 1,286.63 crore in the quarter under review, from Rs 922.20 crore in the same period last year.
For six months ending September 30, the company reported a net profit of Rs 330.39 crore, a 35.70 per cent rise over the year ago-period.
The company had a net profit of Rs 243.46 crore in the corresponding period last fiscal.
The total income of the company increased to Rs 2,472.76 crore in the six-month period, from Rs 1,926.79 crore.
Shares of Jaiprakash Associates were trading at Rs 77.05, up 13.81 per cent in the morning trade on the BSE.

Other Results:

RNRL net up 5 pc at Rs 20.10 cr
Hero Honda net up 50 pc at Rs 306 cr
NIIT PAT up 41 pc at Rs 29.7 cr

Zee Entertainment Q2 PAT up 84 pc at Rs 178 cr
Idea Cellular slumps 11% on disappointing Q2
MindTree's Q2 revenues grows 40.6 per cent

Crompton Greaves Q2 net profit jumps 24% YoY

Canara Bank's Q2 net up by 32 per cent

Elecon Engineering Q2 net down 7 pc at Rs 16.01 cr

Marico posts Q2 net profit of Rs 45 cr

Tech Mahindra net up 66.7% y-o-y to Rs 303cr

SBBJ net rises 36% to Rs 179.37 crore

Allahabad Bank net dips 83% on high provision

Federal Bank Q2 net up 20%

JB Chemicals hits upper circuit on strong Q2 results
SAIL ends 2% lower as OPM falls 410 bps to 24.6%

Ashok Leyland Q2 net slips

Tech Mahindra Q2 net up 63% at Rs 296 cr

Hero Honda net up 50% at Rs 306 cr

NIIT PAT up 41% at Rs 29.7 cr

Polaris Software Q2 PAT up 89% at Rs 34.42 cr

Zee Entertainment Q2 net slips

Kpit Cummins Q2 net up 29%

LIC Housing Finance Q2 net up 16% at Rs 135 cr

Wockhardt Q2 net dips 43%

Marico Q2 net up 12% at Rs 47 cr

United Spirits Q2 net up 17% at Rs 94 cr

Indiabulls Financial Q2 net down at Rs 44.80 cr

Blue Dart Express net profit declines 21.95% in the September 2008 quarterSales rise 28.22% to Rs 265.79 crore

Bongaigaon Refinery & Petrochemicals reports net loss of Rs 81.15 crore in the September 2008 quarterBongaigaon Refinery & Petrochemicals reported net loss of Rs 81.15 crore in the quarter ended September 2008 as against net profit of Rs 113.23 crore during the previous quarter ended September 2007. Sales rose 57.78% to Rs 2182.38 crore in the quarter ended September 2008 as against Rs 1383.20 crore during the previous quarter ended September 2007.

Punjab Tractors net profit rises 178.47% in the September 2008 quarter

Net profit of Punjab Tractors rose 178.47% to Rs 27.29 crore in the quarter ended September 2008 as against Rs 9.80 crore during the previous quarter ended September 2007. Sales rose 48.85% to Rs 307.98 crore in the quarter ended September 2008 as against Rs 206.90 crore during the previous quarter ended September 2007.

Brigade Enterprises reports net profit of Rs 38.69 crore in the September 2008 quarter

Tata Sponge Iron net profit rises 308.30% in the September 2008 quarter

Hindustan Motors reports net loss of Rs 16.21 crore in the September 2008 quarter

Polaris Software Lab net profit rises 138.42% in the September 2008 quarterNet profit of Polaris Software Lab rose 138.42% to Rs 29.97 crore in the quarter ended September 2008 as against Rs 12.57 crore during the previous quarter ended September 2007. Sales rose 22.80% to Rs 290.33 crore in the quarter ended September 2008 as against Rs 236.43 crore during the previous quarter ended September 2007.

Power Finance Corporation net profit rises 16.69% in the September 2008 quarterNet profit of Power Finance Corporation rose 16.69% to Rs 329.33 crore in the quarter ended September 2008 as against Rs 282.22 crore during the previous quarter ended September 2007. Sales rose 29.12% to Rs 1584.98 crore in the quarter ended September 2008 as against Rs 1227.48 crore during the previous quarter ended September 2007

Ashok Leyland net profit declines 16.31% in the September 2008 quarter

Tech Mahindra net profit rises 63.68% in the September 2008 quarter

Wire & Wireless India reports net loss of Rs 25.77 crore in the September 2008 quarter

Manali Petrochemical net profit rises 71.20% in the September 2008 quarter

Hindustan Zinc net profit declines 17.88% in the September 2008 quarterNet profit of Hindustan Zinc declined 17.88% to Rs 959.51 crore in the quarter ended September 2008 as against Rs 1168.46 crore during the previous quarter ended September 2007. Sales declined 12.12% to Rs 1743.84 crore in the quarter ended September 2008 as against Rs 1984.28 crore during the previous quarter ended September 2007

Reliance Natural Resources net profit rises 4.85% in the September 2008 quarterNet profit of Reliance Natural Resources rose 4.85% to Rs 20.10 crore in the quarter ended September 2008 as against Rs 19.17 crore during the previous quarter ended September 2007. Sales rose 183.62% to Rs 33.24 crore in the quarter ended September 2008 as against Rs 11.72 crore during the previous quarter ended September 2007

Steel Authority of India net profit rises 18.20% in the September 2008 quarter

Hero Honda Motors net profit rises 49.90% in the September 2008 quarter

Crompton Greaves net profit rises 24.73% in the September 2008 quarter

Chennai Petroleum Corporation reports net loss of Rs 102.66 crore in the September 2008 quarter

Opto Circuits (India) net profit rises 35.75% in the September 2008 quarter

LIC Housing Finance net profit rises 16.07% in the September 2008 quarter

United Spirits net profit rises 17.06% in the September 2008 quarter

Geodesic net profit rises 124.64% in the September 2008 quarterSales rise 130.49% to Rs 119.37 crore

Jaiprakash Associates net profit rises 96.03% in the September 2008 quarterSales rise 37.12% to Rs 1182.60 crore

Power Finance Q2 Stan net profit at Rs 329.3 cr

Ashok Leyland Q2 Stan net profit at Rs 67.2 cr

Source:ET,Indiaearnings,CapitalMarket,BS,BL etc

Sensex ends 460 pts up as heavyweights post strong gains

Sensex ends 460 pts up as heavyweights post strong gains

The market opened on a high note this morning, shrugged off an early setback and gained in strength as the session progressed thanks to frenzied buying, mostly on short-covering, in several blue chip stocks. If the firm trend in US and Asian markets triggered a positive start, it was the market regulator SEBI's warning to foreign funds against overseas lending and borrowing of Indian stocks for going short in Indian markets that resulted in some hectic buying activity in afternoon trade.


The Apex bank had cut repo rate by 100 basis points yesterday afternoon and the move raised hopes of lower lending rates and buoyed up realty, capital goods, auto and consumer durables stocks today. Corporate results reported today turned out to be fairly good and this also had a positive impact on the sentiment.

The Sensex, which opened with a positive gap of over 200 points at 10,428.11 and raced to a high of 10,750.20 in afternoon trade, ended at 10,683.39 with a handsome gain of 460.30 points or 4.5%. The Nifty settled at 3234.90, around 20 points down from the day's high of 3254.85, with a gain of 112.10 points or 3.59%. The Sensex and Nifty had tumbled to 10,250.23 and 3117.35 respectively in early trade this morning.


BSE CD, the consumer durables index, was the biggest gainer today. It ended the day stronger by nearly 9%. The Realty barometer advanced by 8.32%. The Capital Goods index gained 5.48%.

Besides realty and capital goods stocks, information technology stocks were among the star performers today. BSE IT and Teck closed higher by 6.03% and 4.66% respectively.
Power, oil, metal and FMCG stocks recorded handsome gains. Mirroring their surge, the respective sectoral indices moved up by 3% - 4.5% today. The Bankex closed 2.57% up. PSU stocks bounced back after a setback and pharma stocks edged higher after remaining quite subdued in morning trade. BSE HC and PSU ended up by 1.33% and 1.04% respectively. The Auto index closed with a gain of 1.65%.

Hectic buying was seen at several counters in midcap and smallcap segments as well. While the midcap index advanced by 2.31%, the smallcap index gained a little over 2% today.
The market breadth was positive. Out of 2651 stocks traded on BSE, 1613 stocks closed with gains. 975 stocks posted losses and 63 stocks ended flat.

Among Sensex stocks, only Mahindra & Mahindra (down 2.1%) and Hindalco (down 1.65%) failed to make it to the positive territory today. From the Nifty index, Idea Cellular (down 12.8%) suffered a sharp loss due to weak quarterly results. Sun Pharmaceuticals lost a little over 4%. SAIL ended lower by 2.3%. Cipla lost 1.6% and BPCL, the other loser, eased by 0.7%.
Jaiprakash Associates (up 16.25% to Rs 78.70) spurted on strong quarterly results. Tata Consultancy Services rallied sharply in afternoon trade and finished with a sparkling gain of 12.85%. Reliance Communications vaulted 11.25%. Tata Steel recorded a hefty gain of 10.2%.
Satyam Computer Services (9.85%), Tata Power (9.6%), Sterlite Industries (8.6%), Larsen & Toubro (6.15%) and ACC (6.05%) closed on a high note.

Index heavyweight Reliance Industries posted a smart gain of 5.75%. Wipro firmed up by 5.65%. HDFC, Hindustan Unilever, DLF and Reliance Infrastructure gained 5% - 5.25%.
ICICI Bank and BHEL ended stronger by 4.9% and 4.4% respectively. Infosys Technologies (3.9%) and State Bank of India (3.85%) also finished with impressive gains. Maruti Suzuki, Bharti Airtel, ITC, Tata Motors, Grasim Industries and ONGC moved up by 1% - 3%. HDFC Bank, Ranbaxy Laboratories and NTPC closed with marginal gains.

Siemens, Suzlon Energy, HCL Technologies, Unitech, Reliance Petroleum and Cairn India gained 5.5% - 8.5% today. Reliance Power, ABB, Zee Entertainment and Hero Honda also closed with sharp gains.

Indiabulls Real Estate flared up by 27.65% to Rs 136.90 today. Educomp Solutions shot up by nearly 24%. IDFC vaulted 20.85%. HDIL recorded a hefty gain of 19.15%. Titan Industries (17.4%) spurted on strong results. Praj Industries, Divi's Laboratories, India Infoline, Tech Mahindra, Chambal Fertilizers, BGR Energy, Oracle Financial Services, Asian Paints and Nagarjuna Construction Company also rallied sharply and ended stronger by 9%-14% today.
Ruchi Soya, MindTree, Century Plywoods, Prism Cements, EID Parry, Mahindra Lifespace, Core Projects, State Trading Corporation, Kansai Nero, Jai Balaji Industries, PVP Ventures, Penland and Nava Bharat Ventures were some of the big gainers from the midcap index.

Source:Sify.com

Results:MIC,Akruti,KPIT, Mindtree,Indian Hotel etc

KPIT Cummins Infosystems net profit declines 45.83% in the September 2008 quarter
Sales rise 35.22% to Rs 157.22 crore
Mindtree net profit rises 35.35% in the September 2008 quarterSales rise 39.90% to Rs 254.55 crore
J B Chemicals & Pharamaceuticals net profit rises 37.89% in the September 2008 quarterSales rise 31.31% to Rs 213.08 crore
Aztecsoft net profit declines 79.85% in the September 2008 quarter
KRBL net profit rises 55.09% in the September 2008

MIC Electronics net profit rises 138.21% in the September 2008 quarter
Texmaco net profit rises 59.24% in the September 2008 quarter
Voltamp Transformers net profit rises 47.65% in the September 2008 quarter

Sanghvi Movers net profit rises 72.00% in the September 2008 quarter
Titan Industries net profit rises 88.21% in the September 2008 quarter
Rolta India net profit declines 27.28% in the September 2008 quarter


Source:Capital Market.com

Sensex gains 248 pts as IT stks end on a high, Results

Sensex gains 248 pts; IT stocks end on a high note

The market had some positive triggers today. First, a fairly steady trend on the Asian bourses gave the participants something to cheer about. Information technology, metal and FMCG stocks rallied higher on strong buying support and the Sensex moved past 10,300 in morning trade.
Stockometer
And then, when the market appeared to be losing steam, Reserve Bank of India cut repo rate by 100 basis points to 8%. This time, stocks cutting across sectors vaulted higher and lifted the Sensex past 10,500 to a high of 10,538.05. However, amid high volatility, the Sensex gave up its gains and very nearly slipped into the red in mid afternoon trade before it rallied again on some strong buying in the final hour.
Top gainers
Finally, the BSE barometer ended the session at 10,223.09, up 247.74 points or 2.48% over its previous closing mark. The Nifty, which tumbled into the negative territory to 3058.05 from a high of 3238.40, settled at 3122.80 with a sharp gain of 48.45 points or 1.58%.
Worst losers
IT stocks were the favoured ones today. Mirroring the sharp rise in prices of key stocks in that space, the BSE IT shot up by over 8%. Sector heavyweights Infosys Technologies (up nearly 8%), Tata Consultancy Services (9.5%), Wipro (8.95%) and Satyam Computer Services (8.7%) closed with strong gains.
HDFC Bank (5.95%), ICICI Bank (4.95%), HDFC (5.75%), Bharti Airtel (4.65%), ITC (4.1%), Maruti Suzuki (2.7%), Ranbaxy Laboratories (2.15%), Hindalco (1.95%), Tata Steel (1.75%), State Bank of India (1.45%), Jaiprakash Associates (1.45%), Reliance Industries (1.25%) and NTPC (1.2%) ended on a firm note. ONGC gained around half a per cent. Tata Motors finished with a marginal gain.
BHEL went down by 8.2% to Rs 1096.40 on fears of a fall in revenues to high raw material costs. Grasim Industries lost nearly 8%. DLF ended lower by 6.4%. ACC declined 6.1%. Mahindra & Mahindra eased by 5.35%. Tata Power (down 3.7%) and Reliance Infrastructure (down 1.85%) also declined sharply. Reliance Communications, Hindustan Unilever and Sterlite Industries also ended weak, albeit with less pronounced losses.
Nifty stock HCL Technologies spurted nearly 9%. Sun Pharmaceuticals, SAIL and Tata Communications gained 6.5% - 6.75%. Cairn India and Siemens moved up by around 5.4%. ABB, Reliance Power, Punjab National Bank and Power Grid Corporation also closed on a positive note.
Unitech, Ambuja Cements, Zee Entertainment, Cipla, GAIL India, Reliance Petroleum, Idea Cellular, Suzlon energy and Hero Honda ended with sharp losses today.
United Spirits, the biggest gainer among BSE 'A' Group stocks, ended stronger by 12.9%. Rolta India, Dr Reddy's Laboratories, Reliance Capital, Indian Bank, Pantaloon Retail, IVRCL Infrastructure, RECL, Tech Mahindra, India Bulls Real Estate and MphasiS closed on a high note.
Though not much buying was seen in midcap and smallcap segments, a select few managed to close on a firm note today. FSL, Shaw Wallace, Geodesic, Torrent Pharma, Shree Precoated Steel, SKF India, Nagarjuna Fertilizers & Chemicals, Dishman Pharma, Madras Cements, Bajaj Holdings, MindTree, Gammon India, Asian Star, Nagarjuna Construction Company and Dena Bank were among the prominent gainers in the midcap index.
The market breadth was negative right through the session today. Out of 2616 stocks seen in action on the BSE, 1643 stocks closed in the negative territory. 920 stocks posted gains and 53 stocks ended flat.
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The RBI has cut its key short-term lending rate by 100 basis points
Patel Engg Q2 net up at Rs 43 cr
Petronet LNG Q2 net dips 10% at Rs 103 cr
Gujarat Industries Power to set up two more units
United Phosphorous Q2 net up at Rs 122.04 cr

RBI cuts repo rate by 100 bps to 8 pc
9000 key for Sensex, $700 for gold
Canara Bank Q2 net up at Rs 529.43 cr
Rupee closes at 8-year low against dollar
Idea Cellular PAT dips 45%

Sebi changes tack, says 'options open'; on short sales ban
Indian Hotels Q2 net slides 4.8% to Rs 50.7cr
Provogue (India) net profit rises 14.96% in the September 2008 quarter
Seshasayee Paper & Boards net profit declines 66.98% in the September 2008 quarter
Sunflag Iron & Steel Company net profit rises 100.00% in the September 2008 quarter

Canara Bank net profit rises 31.84% in the September 2008 quarter
Petronet LNG net profit declines 10.51% in the September 2008 quarter
Indian Hotels Co net profit declines 4.85% in the September 2008 quarter
Sterlite Technologies net profit declines 77.70% in the September 2008 quarter
H T Media net profit declines 49.03% in the September 2008 quarter

Idea Cellular net profit declines 31.76% in the September 2008 quarter
Ingersoll-Rand (India) net profit rises 28.22% in the September 2008 quarter
Sanghvi Movers net profit rises 72.00% in the September 2008 quarter
Voltamp Transformers net profit rises 47.65% in the September 2008 quarter
Texmaco net profit rises 59.24% in the September 2008 quarter

The rise and fall of Sensex

The rise and fall of Sensex

Top Non-Sensex Group A Losers since Jan '08 Here's the list of Top Non-Sensex Group A Losers during the Bear Phase from January 10, 2008 to October 17 2008.

Top Non-Sensex Group A Gainers since Feb '06 Here's an insight into the Top Non-Sensex Group A Gainers during the Bull run between February 6, 2006 and January 10, 2008.

Top Sensex Losers since Jan 10, 2008 Going down from 21K to 10K, here's the list of Top Sensex Losers during the Bear Phase from January 10, 2008 to October 17 2008.

Top Sensex Gainers since Feb 2006 Here is an insight into the Top Sensex Gainers during the Bull run between February 6, 2006 and January 10, 2008

Rise, Rise & Fall: 10k-21k and back Sensex took just 191 sessions to return to 10K from a high of 21,207 on Jan 8, 2008.

Top 5 sectors with growth prospects The growth momentum is expected to continue on the back of rising incomes and higher consumer spending.

Does it make sense to invest in gold now? When you can grab more returns with same level of risk in the portfolio, why not invest in the gold.

5 ideal destinations to safely park your money The safest place to bet your hard-earned money is the good old fixed deposit schemes.

Guidelines for investors The banking sector and depositors will not be allowed to suffer by governments the world over.

Liquidity crunch: Bank FDs the safest investment Indian banks are more secure than their Western counterparts, making FDs a safe bet.

Source:ET

Stock, Market Research from ET,BL

Investor's Guide (ET)

Top stories
Banking not a bad investment20 Oct, 2008, 0606 hrs IST, Karan Sehgal
Going by FII actions, it seems that banking is not that bad an investment, the IT sector has not peaked out and pharma is the best defensive bet.

Share buybacks in Asia trump bonds 20 Oct, 2008, 0602 hrs IST
Though bonds offer greater discounts than shares, Asian companies are quickly buying back shares hit by the global financial meltdown, instead of repurchasing debt.

Gail low-risk investment option 20 Oct, 2008, 0552 hrs IST, Ramkrishna Kashelkar
Gail is a low-risk investment option with immediate growth triggers. Its current valuations are attractive for long-term investors.

Where’s The Bottom? 20 Oct, 2008, 0551 hrs IST, Deepak Mohoni
The Bombay Stock Exchange (BSE) Sensitive Index finished 5.25% or 552.5 points lower at the end of a week marked by two strong rallies and three sharp falls.

Fear factor: Stay Safe, Don’t Play 20 Oct, 2008, 0549 hrs IST, Shakti Shankar Patra
Fear is nothing but a measure of the expected volatility, and volatility is one of the most important factors that influence the price of an option contract.

It's a zero sum game 20 Oct, 2008, 0544 hrs IST, Devangi Joshi
Most of the base metals have fallen significantly in the past two months, with prices coming close to their marginal cost of production. There is only limited downside from here onwards.

Bull's Eye: Views on stocks 20 Oct, 2008, 0542 hrs IST

Tata Communications: Largest player in voice communication 20 Oct, 2008, 0528 hrs IST, Santanu Mishra
After the acquisition of VSNL, Tata Communications has transformed itself from a small Indian company to the world’s largest player in voice communication.

Retail sector biggies 20 Oct, 2008, 0528 hrs IST, Supriya Verma
Keeping the festive spirit in mind, this week, ETIG takes a look at retail sector biggies, Pantaloon Retail and Shopper’s Stop.

Some evergreen stocks in bear market 20 Oct, 2008, 0516 hrs IST
There are enough stocks out there which are still giving positive returns since the last bear market. ETIG picks some evergreen stocks.
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Investment World (BusinessLine)

TECHNICAL ANALYSIS: Index OutlookDespite the brouhaha over the Sensex closing below 10000, there are a number of positive takeaways from last week’s proceedings. The regulators appear to have finally identified the cause for the present turmoil and seem to be taking ...

STOCKS: HDFC Bank: BuyInvestors can consider accumulating the HDFC Bank stock with a two-year perspective, given the bank’s resilience in a challenging environment and scope for strong growth in ...

MUTUAL FUNDS: HDFC Top 200 Fund: InvestInvestments can be considered in the units of HDFC Top 200 Fund, considering its good long-term track record and ability to contain losses better than its benchmark during market downturns. The fund has generated returns that have placed it ...

INSIGHT: Why index levels don’t really matterThe unimaginable has happened, with the BSE Sensex closing last week at a four-digit figure. So where is the next ‘support’ for the index? Will it stop at 9700? Or will it head further southwards to 8800? If you are a long-term ...

FOREIGN INSTITUTIONAL INVESTORS: Take note of P-NotesThe restrictions that came as a surprise to many in October last year have now been lifted. Yes, the bar on P-note issues by FIIs was reversed by the Securities and Exchange Board of India (SEBI) early this month. Said to be a move to ...

STOCKS: Suzlon Energy: BuyThe approval of the much-debated renewable energy production tax credit (PTC) by both the US Congress has brought renewed hope for the US wind energy ...

STOCKS: Axis Bank: BuyInvestors with a two-year investment horizon can consider buying the stock of Axis Bank. The bank’s performance has so far allayed fears about an earnings slowdown due to the ongoing global turmoil, high interest rates and ...

STOCKS: Redington India: BuyInvestors willing to bet on the strong domestic and Middle-East’s IT (hardware and software) adoption story can consider buying the shares of Redington India, a hardware, software products and digital products distributor. At Rs 192, ...

Reliance Infra (October 19, 2008)
Index Outlook (October 19, 2008)
Query Corner: What the charts say (October 19, 2008)
Reliance Ind (October 19, 2008)
SBI (October 19, 2008)
Tata Steel (October 19, 2008)
Infosys (October 19, 2008)
Maruti Suzuki

DERIVATIVES MARKETS: Nifty future may see a relief rallyThe bear onslaught, which became prominent in the second half of the week, spoiled the positive mood with which the market began on Monday. Both Nifty and Nifty futures breached their important technical supports during Friday’s ...

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Source:ET,BL.